EPIC RESEARCH NCDEX UPDATE OF TURMERIC 22 May 2017

• Turmeric trading range for the day is 6630-6898.
  
• Turmeric prices dropped amid increasing in crop supplies in all the major producing centres amid weak domestic and export buying.
• The supplies are improving and there is weak demand for the new season crop.
• India's Apr-Sept turmeric export stood at 59,000 ton up 47% on year, according to Spices Board data.
• In Nizamabad, a major spot market in AP, the price ended at 6700 Rupees dropped -158.35 Rupees.

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